OreCorp Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Henk Diederichs

Chief executive officer

AU$747.9k

Total compensation

CEO salary percentage	57.7%
CEO tenure	1.5yrs
CEO ownership	n/a
Management average tenure	1.5yrs
Board average tenure	less than a year

Recent management updates

Recent updates

CEO Compensation Analysis

How has Henk Diederichs's remuneration changed compared to OreCorp's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-AU$46m
Sep 30 2023	n/a	n/a	-AU$33m
Jun 30 2023	AU$748k	AU$432k	-AU$19m
Mar 31 2023	n/a	n/a	-AU$20m
Dec 31 2022	n/a	n/a	-AU$20m
Sep 30 2022	n/a	n/a	-AU$21m
Jun 30 2022	AU$551k	AU$279k	-AU$22m

Compensation vs Market: Henk's total compensation ($USD491.64K) is about average for companies of similar size in the Australian market ($USD632.64K).

Compensation vs Earnings: Henk's compensation has increased whilst the company is unprofitable.

CEO

Henk Diederichs

1.5yrs

Tenure

AU$747,930

Compensation

Mr. Hendrik Jacob Diederichs, also known as Henk, is Chief Executive Officer and Managing Director at OreCorp Limited since November 16, 2022 and served as its Chief Operating Officer since October 11, 202...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Hendrik Diederichs	CEO & MD	1.5yrs	AU$747.93k	no data
Greg Hoskins	Chief Financial Officer	1.3yrs	AU$395.07k	no data
Jessica O'Hara	Company Secretary	2.4yrs	AU$476.65k	no data
Mark Alvin	Exploration Manager	no data	no data	no data
Dion Loney	Group Financial Controller	no data	no data	no data

1.5yrs

Average Tenure

Experienced Management: ORR's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Jeffrey Quartermaine	Chairman of the Board	less than a year	no data	no data
Michael Klessens	Independent Non-Executive Director	11.3yrs	AU$76.67k	0% A$ 0
Lee-Anne de Bruin	Director	less than a year	no data	no data

0.08yrs

Average Tenure

57yo

Average Age

Experienced Board: ORR's board of directors are not considered experienced ( 0.1 years average tenure), which suggests a new board.

OreCorp Management

Management criteria checks 1/4

Key information

Recent management updates

OreCorp Limited, Annual General Meeting, Feb 28, 2024

Insider recently bought AU$1.6m worth of stock

Insider recently bought AU$598k worth of stock

OreCorp Limited Announces Chief Financial Officer Changes

Less than half of directors are independent

Orecorp Limited Appoints Hendrik Jacob Diederichs as Directo

Recent updates

Perseus Mining Limited (ASX:PRU) cancelled the acquisition of remaining 80.1% stake in OreCorp Limited (ASX:ORR)

OreCorp Limited Ordinary Shares to Be Delisted from OTC Equity

Perseus Mining Limited (ASX:PRU) made an offer to acquire remaining 80.1% stake in OreCorp Limited (ASX:ORR) for approximately AUD 210 million.

OreCorp Limited, Annual General Meeting, Feb 28, 2024

Perseus Mining Limited (ASX:PRU) acquired 15.03% stake in OreCorp Limited (ASX:ORR).

Perseus Mining Limited (ASX:PRU) acquired 15.03% stake in OreCorp Limited (ASX:ORR).

New minor risk - Financial data availability

New minor risk - Financial data availability

Forecast to breakeven in 2026

New minor risk - Shareholder dilution

Silvercorp Metals Inc. (TSX:SVM) agreed to acquire OreCorp Limited (ASX:ORR) from Rollason Pty Ltd. and others for approximately AUD240 million.

New major risk - Financial position

Forecast to breakeven in 2026

Insider recently bought AU$1.6m worth of stock

Insider recently bought AU$598k worth of stock

OreCorp Limited Announces Chief Financial Officer Changes

Orecorp Limited Announces Drilling Builds Resource Growth Potential

Less than half of directors are independent

Orecorp Limited Appoints Hendrik Jacob Diederichs as Directo

OreCorp Limited Announces Executive Changes

OreCorp Limited Announces Board Changes

OreCorp Limited, Annual General Meeting, Nov 16, 2022

OreCorp Limited Announces Definitive Feasibility Study for the Nyanzaga Gold Project in Tanzania

Insufficient new directors

OreCorp Limited Announces Results of Metallurgical Test Work for the Kilimani Deposit

Orecorp Limited Announces A Large Follow-Up Drilling Program Has Commenced At the Nyanzaga Gold Project in Tanzania

Insufficient new directors

OreCorp Limited Provides an Update on the Exploration Activities Undertaken over Yarri, Kalgoorlie, Yundamindra and Ponton Projects in the Eastern Goldfields of Western Australia

OreCorp Limited Announces Infill Resource Drilling Results from Reverse Circulation Program at the Kilimani Deposit Within the Nyanzaga Gold Project in Tanzania

OreCorp Limited Announces Resignation of Dion Loney as Joint Company Secretary

OreCorp Limited Announces Metallurgical Testwork Results at Hobbes

OreCorp Limited Announces Commencement of A Regional Aeromagnetic Survey

OreCorp Limited Provides Update on the Nyanzaga Gold Project

OreCorp Limited's Nyanzaga SML Receives Cabinet Approval

OreCorp Limited Announces Drill Results Continue to Impress At the Hobbes Gold Prospect, Eastern Goldfields, Western Australia

OreCorp Limited Announces Excellent First Drilling Results for the Hobbes Gold Prospect, Eastern Goldfields, Western Australia

OreCorp Limited (ASX:ORR) signed an agreement to acquire ELA31/1220 and P31/2118 Tenements from Mining Equities Pty Ltd and Peter Gianni for AUD 0.2 million.

OreCorp Limited (ASX:ORR) signed an agreement to acquire E31/1178 Tenement from Mitchell Jones for AUD 0.2 million.

New 90-day high: AU$0.55

New 90-day high - AU$0.51

OreCorp Limited (ASX:ORR) acquired Licenses E31/1173 and E31/1175 and Prospecting License P31/2119 in Western Australia for AUD 0.35 million.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age